Indian Polity · Urban Development
Under the DAY-NULM scheme, what is the maximum loan limit for setting up a Group Micro-Enterprise, and what is the funding pattern between the Centre and the State for a project located in a Special Category State?
- 1Max Loan: ₹5 Lakh; Funding Pattern: 60% Centre, 40% State
- 2Max Loan: ₹10 Lakh; Funding Pattern: 90% Centre, 10% State✓
- 3Max Loan: ₹2 Lakh; Funding Pattern: 75% Centre, 25% State
- 4Max Loan: ₹15 Lakh; Funding Pattern: 50% Centre, 50% State
Correct answer
Max Loan: ₹10 Lakh; Funding Pattern: 90% Centre, 10% State
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